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Microsemi Corporation (MSCC) is Trading Lower on Unusual Volume for January 13

Microsemi Corporation (MSCC) experienced unusually high volume on Jan. 13, as the stock lost 0.45% to a closing price of $31.19. The stock saw 2.22 million shares trade hands over the course of the day on 19,170 trades. Given that the stock’s average daily volume over the last month has been 1.02 million shares a day, this represents a pretty substantial spike over the norm.

Microsemi Corporation has a P/B ratio of 2.49. It also has a P/E ratio of 35.6. The stock has traded between $39.56 and $25.36 over the last 52-weeks, its 50-day SMA is now $34.58, and its 200-day SMA $34.19.

Microsemi Corp is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions.

Headquartered in Aliso Viejo, CA, Microsemi Corporation has 3,700 employees and is currently under the leadership of CEO James J. Peterson.

THE IMPORTANCE OF THE RUSSELL 3000

The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

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Can the Media Solve the Partisan Conflict?

Andrew McCarthy, Contributing Editor, The National Review; Michael Zeldin, CNN Legal Analyst; Celeste Katz, Senior Political Reporter, Glamour; Silvia Davi, SVP, Contributing Editor, Equities.com; and Doug Simon, CEO, D S Simon Media discuss how the media’s role has shaped the landscape for communicators and what the media is trying to do to reduce discord in society.